2026 Financial Reform Roadmap: Government Advisor Calls for Flexible Budgets and Reduced Oil Reliance

 Financial Advisor Mudher Mohamed Salih proposed a reform vision to address recurrent budget delay crises in the second quarter of 2026, calling for amendments to the Financial Management Law to adopt more flexible temporary budget models that allow for investment spending. Salih stressed the need to decouple the economy from political friction by setting binding timelines for budget approval, alongside diversifying revenue sources and reducing excessive reliance on oil. He also noted the importance of activating partnerships with the private sector to implement major projects, ensuring long-term financial stability and protecting citizens from economic costs lost due to legislative hurdles.